See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Baseball
Natural Disasters
Stock Markets
Social Media
Tariffs
UK Economy
Taxes
Soccer
Donald Trump
Education
Senate
Artificial Intelligence
Published • loading... • Updated

Big relief for EPFO members: Centre to raise auto-settlement limit for PF withdrawals

Summary by Mathrubhumi
New Delhi: In a move aimed at improving the Ease of Living for its 7.5 crore members, the Employees' Provident Fund Organisation (EPFO) is set to increase the limit for auto-settlement of advance claims (ASAC) from ₹1 lakh to ₹5 lakh, sources told ANI.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

6 Articles

All
Left
Center
Right
Business League - Financial ExpertsBusiness League - Financial Experts

PF Withdrawal Limit: Good news! The government will increase the PF withdrawal limit from Rs 1 lakh to Rs 5 lakh, know details - Business League

PF Withdrawal Limit: There is big news for crores of employed people. 7.5 crore members of the Employees’ Provident Fund Organization (EPFO) can get great news. What is the detail According to sources, Sumita Dawra, Secretary, Ministry of Labor and Employment, approved the proposal to increase the limit from Rs 1 lakh to Rs 5 lakh in the 113th meeting of the Executive Committee (EC) of the Central Board of Trustees (CBT) last week. This amendmen…

Read Full Article
NDTV ProfitNDTV Profit

Centre To Raise Auto-Settlement Limit For PF Withdrawals To Rs 5 Lakh: Report

The government is set to ease the Provident Fund (PF) withdrawal process by increasing the auto-settlement limit from Rs 1 lakh to Rs 5 lakh. This initiative aims to improve the “ease of living” for over 7.5 crore members of the Employees' Provident Fund Organisation (EPFO), according to a report by news agency ANI.The reports said that Sumita Dawra, Secretary in the Ministry of Labour and Employment, had approved the proposal to increase the li…

Read Full Article
StartupTalkyStartupTalky

EPFO's Proposal to Raise Auto-Settlement Limit

The EPFO is planning to raise the limit for the auto-settlement of claims from ₹1 lakh to ₹5 lakh. This proposal aims to make it easier and faster for members of the The Employees Provident Fund Organization to settle claims without a lot of paperwork. It has been approved by the EPFO's executive committee but awaits a go-ahead from the central board of trustees before it can be implemented. If enacted, this change could enhance the experience o…

Read Full Article
rightsofemployees.comrightsofemployees.com

EPFO raising auto settlement limit to 5 lakhs for PF claims and allow UPI withdrawals

New Delhi: There is good news for people working in the private sector. The Employees Provident Fund Organization (EPFO) has taken a big decision. Now the limit of auto-settlement of advance claim has increased. This limit has increased from Rs 1 lakh to Rs 5 lakh. According to sources, this step will ease the 7.5 crore members of EPFO. Secretary of the Ministry of Labor and Employment Sumita Dawra approved this proposal. This approval was given…

Read Full Article
TheSpuzzTheSpuzz

Good news for PF investors, Govt likely to increase EPFO claim limit from ₹1 lakh to ₹5 lakh: Report

Source: Live Mint The Central government’s Employees Provident Fund Organisation (EPFO) has decided to likely increase the auto settlement of the advanced claim (ASAC) limit to ₹5 lakh, compared to its current levels of ₹1 lakh, reported the news agency ANI, citing people aware of the development on Monday, March 31. Sumita Dawra, Secretary of the Ministry of Labour and Employment, reportedly approved the proposal to increase the withdrawal li…

Read Full Article
MathrubhumiMathrubhumi

Big relief for EPFO members: Centre to raise auto-settlement limit for PF withdrawals

New Delhi: In a move aimed at improving the Ease of Living for its 7.5 crore members, the Employees' Provident Fund Organisation (EPFO) is set to increase the limit for auto-settlement of advance claims (ASAC) from ₹1 lakh to ₹5 lakh, sources told ANI.

·Kerala, India
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Mathrubhumi broke the news in Kerala, India on Monday, March 31, 2025.
Sources are mostly out of (0)

Similar News Topics

Business

Business

Finance

Finance

Jammu and Kashmir

Jammu and Kashmir

India Economy

India Economy

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal